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Tubulis bursts $12.5m
Tubulis has raised series A funding to progress an ADC development platform invented at Leibniz Research Institute and Ludwig Maximillians University.
Mingdu Intelligent manufactures series A-plus funding
Mingdu Intelligent, backed by three Chinese academic institutions, has increased its funding haul to at least $26m.
Mori reaps $12m series A
MIT and Tufts spinout Mori, which produces food preservatives using silk proteins, welcomed back The Engine for its series A round.
TileDB structures $15m series A
Based on joint research at MIT and Intel Labs, the data analytics engine provider has now raised $20m in all after a round featuring Intel Capital.
Topgen ropes in CAS for series C
Chinese Academy of Sciences' Cash Holdings invested with its affiliate fund Guoke Ruihua to aid Shanghai Topgen's biotech development.
Revitope to revel in $10m investment
University of Birmingham's cancer immunotherapy developer Revitope Oncology secured equity funding as part of a $160m alliance with Junshi Biosciences.
Snorkel AI retrieves $15m
GV and In-Q-Tel joined Greylock Partners in the first announced funding round for Snorkel AI, a machine learning development spinout from Stanford.
Mission Therapeutics meets $15m objective
Pfizer Ventures joined Mission’s other existing investors to push the mitochondria-focused drug developer’s lifetime funding to approximately $143m.

Other News

OxSonics sounds out $13.1m
The ultrasound therapeutics developer, a University of Oxford spinout, has raised series B2 funding in the run-up to clinical testing of its cancer drug delivery platform.
OneProjects stabilises $12.4m
OneProjects, an irregular heartbeat imaging system developer assisted by two Irish universities, will use the cash to pursue commercialisation in the US.
Kasada greenlights $10m series B
Main Sequence Ventures has returned for a $10m series B round that will drive Kasada's expansion efforts following its opening of headquarters in the US.
Daily deal net: June 17, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
IQM Finland inspects $16.9m
The Aalto University and VTT quantum computer spinout has lined up a potential series A round with an initial $16.9m contribution from EIC Accelerator.
Evox engineers $10m from Eli Lilly
Eli Lilly will collaborate on five drug candidates based on the Oxford and Karolinska Institute spinout's exosome delivery technology.

Editor's Picks

Ayasdi launches with $10m
Stanford spin-out Ayasdi receives $10.25m in series A financing for launch from Khosla Ventures and FLOODGATE.
Bertelsmann, University Ventures enroll at UniversityNow
Germany-based media company Bertelsmann and the university venturing fund it recently backed have joined venture firms Kapor Capital, Novak Biddle Venture Partners and Greylock Partners backing the on-line university network.
Coursera chalks up $16m
US-based internet university company Coursera nets the funds from venture firms, as it signs up top US universities like Princeton and Stanford offering courses for free.
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